1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Genrish500 [490]
3 years ago
12

Amy has opened a new startup company in web design. Within the first month of business, the startup agrees to maintain an accoun

ting firm's website in exchange for someone at the firm doing the startup's tax returns. Which of the following principles of economic interaction best describes this scenario?
a) Trade can make everyone better off.
b) When markets do not achieve efficiency, government intervention can improve overall welfare.
c) Markets allocate goods effectively.
d) All costs are opportunity costs.
Business
1 answer:
lara31 [8.8K]3 years ago
3 0

Answer:

<em>a) Trade can make everyone better off </em>

Explanation:

In business, it is common to see trades. If the startup agrees to maintain an accounting firm's website in EXCHANGE for the tax returns, that is called trading since you are giving one thing for another.

Hope this helps! :)

You might be interested in
The following data are for the Akron Division of Consolidated Rubber, Inc.: Sales $ 800,000 Net operating income $ 50,000 Averag
ELEN [110]

Answer:

ROI 87.5%

Explanation:

Return on Investment = return /investment

Total return

50,000 perating income + 20,000 residual income = 70,000 income

The asset could been adquire on lease or through liabilities, this is not investment. The investmetn made is the one done by the shareholders.

Stock Holders equity = investment = 80,000

The shareholders invest this amount to generate

70,000 dollars of return

ROI  70,000/80,000 = 87.5%

7 0
3 years ago
Jamie is looking for a new job. She used to be the top sales representative for the region and was expecting to be promoted. How
LUCKY_DIMON [66]

Answer: Performance-Reward

Explanation:

Jamie's dissatisfaction with her job arises from the lack of performance-reward relationship in her place of work, this is because position she merited based on her high performance was given to another individual unfairly. Performance-reward relationship is when an employee expects a certain type of reward for outstanding performance on their(the employee's) part.

5 0
3 years ago
PrintItem 4Item 4 On November 8, 2018, Power Corp. sold land to Wood Co., its wholly owned subsidiary. The land cost $61,500 and
IRISSAK [1]

Answer: When Wood Co. sells the land to a third party.

Explanation: As stated in the question, Wood Co. who purchased the land is a subsidiary of the seller, Power Corp., the parent company. In a consolidated financial statement whereby financial reports of all entities, subsidiaries and all financial attachment of a corporate establishment is accounted for.

Power Corp. owns the entirety of Woods Co. and therefore during a consolidated financial statement reporting, the profit made by Power Corp. from the sale of the land must be recorded when the land is purchased from Woods Co. by a third party.

3 0
3 years ago
ECONOMICS, PLEASE HELP.
Nina [5.8K]

Equilibrium is the point where supply meets demand. Look at the table and see where those two columns are the same.

For B. look at the chart and see at 1,50 rent (the first column) the demand is greater than supply or not. If demand is less than supply, there is a surplus. If demand is higher, there is a shortage.

This applies to question C as well. Look at the first column, find the rent, and see if there is more supply or more demand.


3 0
3 years ago
Labor costs that are clearly associated with specific units or batches of product because the labor is used to convert raw mater
ch4aika [34]

The costs that are clearly associated with specific units or batches of product is called: Direct labor.

<h3>What is direct labor?</h3>

Direct labor are wages and salaries paid to workers whose work can be traced directly to specific products or services. They are wages incurred in order to produce goods or provide services to customers.

Example of direct labor include:

  • Assemblers
  • Welders
  • Painters

Hence, labor costs that are clearly associated with specific units or batches of product because the labor is used to convert raw materials into finished products are called direct labor.

Learn more about direct labor here: brainly.com/question/26371102

4 0
2 years ago
Other questions:
  • Field Industries' outstanding bonds have a 25-year maturity and $1,000 par value. Their nominal yield to maturity is 9.25%, they
    11·1 answer
  • The management fee for most mutual funds ranges between ______ percent.
    9·1 answer
  • Uchimura Corporation has two divisions: the AFE Division and the GBI Division. The corporation's net operating income is $11,500
    15·1 answer
  • A company incurred the following costs: $6,000 for indirect labor; $26,000 for direct labor; $2,500 for utilities for the factor
    13·1 answer
  • Perceptions for which there are no appropriate external stimuli are called _____, and the most common type among people sufferin
    8·1 answer
  • Real estate is a great investment for everyone, particularly since the money is more liquid than common stocks.
    13·2 answers
  • NewCorp has net income of $360. The firm pays out 35 percent of the net income to its shareholders as dividends. During the year
    9·1 answer
  • hello are anyone there with free time on there hands i need friends and dont go if i dont answer because my mom is well a mom an
    8·2 answers
  • PLS HELP ASAP WILL GIVE BRAINLIEST!!!
    11·1 answer
  • Which of the following of Wegman's motivating factors is an intrinsic motivator?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!